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 Fed may provide loans to the IMF to help EuroZone crisis

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lexie
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PostSubject: Fed may provide loans to the IMF to help EuroZone crisis   Mon Dec 05, 2011 8:46 am

Monday, December 05, 2011

Fed may provide loans to the IMF to help EuroZone crisis

The Federal Reserve, along with the 17 euro zone national central banks, may help provide the International Monetary Fund with funds that could be used to aid debt-ridden states, a German newspaper said. Die Welt cited sources close to the negotiations as saying the euro zone central banks could pay at least 100 billion euros ($134.2 billion) into a special fund that could be used for programs for nations struggling to control their debts..




http://www.fxstreet.com/news/forex-news/article.aspx?storyid=6281b3cb-895d-46a0-8fcb-ddeb50ff1c0f

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